SOL/USDT – 30M – BUYThe combination jumps from the bearish trendline up.
An ascent upwards to the next resistance line at 135.550000000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 130.220000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 131.04344 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 135.550000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 138.160000000 |
| 2nd High | 137.950000000 |
| Next High | 135.550000000 |
| Current Price | 131.260000000 |
| Next Low | 130.220000000 |
| 2nd Low | 128.910000000 |
| 3rd Low | 128.200000000 |